TN circle Mark list of Limited Departmental Competitive Examination for promotion of LGO to the cadre of PAs/SAs for the vacancies of the year 2015-16 held on 31.07.2016 (Forenoon)
Mark list of Limited Departmental Competitive Examination for promotion of Lower Grade Officials to the cadre of PAs/SAs for the vacancies of the year 2015-16 held on 31.07.2016 (Forenoon)
Corrigendum for distribution of Gangajal sourced at Gangotri through Post Offices
DoPT Orders on 19.9.2016 – Relaxation to travel by air to visit NER, J&K and A&N
No.31011/3/2014-Estt.(A-IV)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
Establishment (A-IV) Desk
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
Establishment (A-IV) Desk
North Block, New Delhi-110 001
Dated: September 19, 2016
Dated: September 19, 2016
OFFICE MEMORANDUM
Subject:- Central Civil Services (Leave Travel Concession) Rules, 1988 — Relaxation to travel by air to visit NER, J&K and A&N.
The undersigned is directed to refer to this Department’s O.M. of even no. dated 09.09.2016 on the subject noted above regarding extension of the scheme to travel by air to North East Region (NER) , Jammu and Kashmir (J&K) and Andaman & Nicobar Islands (A&N). As clarifications have been sought from many quarters, it is clarified that the following schemes have been extended for a further period of two years, w.e.f. 26th September, 2016:
(i) LTC for visiting NER, J&K and A&N in lieu of a Home Town LTC.
(ii) Facility of air journey to non-entitled government servants for visiting NER, J&K and A&N.
(iii) Permission to undertake journey to Jammu and Kashmir by private airline.
2. The above special dispensation is subject to the following terms & conditions:
(i) All eligible Government servants may avail LTC to visit any place in NER/ A&N/ J&K against the conversion of their one Home Town LTC in a four year block.
(ii) Government servants whose Home Town and Headquarters/place of posting are the same are not allowed the conversion.
(iii) Fresh Recruits are allowed conversion of one of the three Home Town LTCs in a block of four years applicable to them.
(iv) Government servants entitled to travel by air can avail this LTC from their Headquarters in Economy class at LTC-80 fare or less. While travelling to North-East region and Port Blair, journey has to be performed by Air India only. However, while availing LTC to Jammu & Kashmir, service of any airlines may be availed.
(v) Government servants not entitled to travel by air are allowed to travel by air in the following sectors:
(a) Between Kolkata/ Guwahati and any place in NER by Air India only in Economy class at LTC-80 fare or less.
(b) Between Kolkata/ Chennai/ Bhubaneswar and Port Blair by Air India only in Economy class at LTC-80 fare or less.
(c) Between Delhi / Amritsar and any place in J&K by any airlines in Economy class at LTC-80 fare or less.
(b) Between Kolkata/ Chennai/ Bhubaneswar and Port Blair by Air India only in Economy class at LTC-80 fare or less.
(c) Between Delhi / Amritsar and any place in J&K by any airlines in Economy class at LTC-80 fare or less.
Journey for these non-entitled employees from their Headquarters up to Kolkata/ Guwahati/ Chennai/ Bhubaneswar/ Delhi/ Amritsar will have to be undertaken as per their entitlement.
(vi) Air travel by non-entitled officers to NER, J&K and A&N is allowed whether they avail the normal anywhere in India LTC or in lieu of the Home Town LTC as permitted.
(vii) Air Tickets are to be purchased directly from the airlines (Booking counters, website of airlines) or by utilizing the service of Authorized Travel Agents viz. ‘M/s Balmer Lawrie & Company’, ‘M/s Ashok Travels & Tours’ and ‘IRCTC’ (to the extent IRCTC is authorized as per DoPT’s O.M. No. 31011/6/2002- Estt.(A) dated 02.12.2009) while undertaking LTC journey. Booking of tickets through other agencies is not permitted.
3. Efforts should be made by the Government servants to book the air tickets at the cheapest fare possible. All the Ministries/ Departments are advised to bring it to the notice of all their employees that any misuse of LTC will be viewed seriously and the employees will be liable for appropriate action under the rules. In order to keep a check on any kind of misuse of LTC, Ministries/ Departments are advised to randomly get some of the air tickets submitted by the officials verified from the Airlines concerned with regard to the actual cost of air travel vis-a-vis the cost indicated on the air tickets submitted by the officials.
sd/-
(Mukesh Chaturvedi)
Director (Establishment)
dire-dopt@gov.in
(Mukesh Chaturvedi)
Director (Establishment)
dire-dopt@gov.in
Authority: http://persmin.gov.in/dopt.asp
Final guidelines on payments banks soon
The Reserve Bank of India (RBI) is soon set to bring out final operational guidelines for payments banks, more than a year after the regulator granted in-principle approval to 11 players for setting up such banks.
This comes about close to two years after the final licencing guidelines had been issued in November 2014, which detailed the requirements and eligibility on the operational front.
Three people familiar with the development told Business Standard that the banking regulator has made it clear that the final guidelines on operations would be out soon. This was also communicated to the players at a closed-door conference in Pune about a week ago.
"RBI thinks the payments banks are a completely new set of banks and completely different from the ones that exist in the country," said a the person who was present at the meeting. "Therefore, we need far more detailed guidelines with respect to capital adequacy ratio, statutory liquidity requirements branches, etc."
However, RBI hasn't given a timeline on when the guidelines are expected. But the in-principal approvals were handed out in September last year and the players had been given 18 months to begin operations.
In September last year, RBI had given in-principle nod to 10 players for small finance banks. Out of this, two have already started operations. Some have been given the final approval. However, RBI is not planning to come out with any separate guidelines for these players as their operations are similar to that of a universal banks and, therefore, the regulator doesn't see the need for such rules. In the case of payments banks, there is no precedence and, therefore a more detailed guidelines are needed, players had said.
Another person familiar with the development said after three players dropped out of the race to set up payments banks, the noise on the profitability and the viability fronts had amplified. That was why the regulator purportedly went back to the drawing board to take a detailed look at the guidelines. Out of the 11 players that were given the licences, Tech Mahindra, a consortium led by Dilip Shangvi and Cholamandalam Investment and Finance had dropped out. Out of the remaining eight, only Airtel has got the final approval from RBI.
Some of the players who had opted out had rising competition from banks and other players in the digital arena as a concern. Other said the scope to make money was very limited in the payments bank space. Expert said it might take at least three years for these players to break even.
Payments banks are being been introduced with the aim of improving financial inclusion. Therefore, the players have been allowed to provide small savings account and payments and remittance services. They are also allowed to accept deposits of up to Rs 1 lakh and can issue debit cards and offer internet banking. However, they are not allowed to lend. Apart from the limited scope of activities, other concerns that remain are on the investment front as these banks are required to invest 75 per cent in government securities, which will reduce the margins even further.
No comments:
Post a Comment